Ellington Financial Inc through its subsidiary Ellington Financial Operating Partnership LLC acquires and manages mortgagerelated consumerrelated corporaterelated and other financial assets in the United States The company acquires and manages residential mortgagebacked securities RMBS backed by prime jumbo AltA manufactured housing and subprime residential mortgage loans RMBS for which the principal and interest payments are guaranteed by the US government agency or the US governmentsponsored entity residential mortgage loans commercial mortgagebacked securities and commercial mortgage loans and other commercial real estate debt It also provides collateralized loan obligations mortgagerelated and nonmortgagerelated derivatives corporate debt and equity securities corporate loans and other strategic investments In addition the company offers consumer loans and assetbacked securities backed by consumer and commercial assets Ellington Financial LLC was incorporated in 2007 and is based in Old Greenwich Connecticut